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It took a double recession in the early 1980s to wring inflation out of the economy.
Welcome news, he adds, quipping that those in opposition who warned of a double recession must be suffering from double depression.
Five years later, growth continues to slow, reflecting the effects of the sovereign debt crisis in the eurozone, the double recession in major economies and the anaemic global demand for commodities.
Within the first decade of the century, the Spanish economy went from an economic boom partly driven by the real-estate market to a double recession that led to 26percentt unemployment rate (the highest in Spanish modern history).
This is not just the impact of the double recession (2008-09 and 2012-13): real per capita incomes stagnated between 2000 and 2005, well before the financial crisis.
The ever increasing cost of public services and the after effects of a double recession have meant that our Government have their hands firmly on the purse strings.
Similar(53)
Double dip recession looms.
The "double dip" recession.
Dear Dr Mander Double dip recession.
Live: is Britain heading for a double dip recession?
The Fed's statement on Tuesday avoided the words deflation and double dip recession.
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